Fitch expresses concerns following Mboweni’s MTBPS
The agency has given its verdict on the budget speech, presented by the minister on Wednesday.
Fitch notes Mboweni lowered SA revenue projections to be more realistic
The agency has given its verdict on the mid-term budget speech presented by Finance Minister Tito Mboweni on Wednesday.
Mboweni: Money was lost at VBS Bank due to pure greed
The Reserve Bank released a report titled The Great Bank Heist which details how R1.8 billion was brazenly looted from the mutual bank.
South Africans respond to Mboweni tweet on MTBPS
The minister called for ideas for the budget and thousands of South Africans then responded.
MTN set to challenge Nigerian court decision over illegal funds transfers
A hearing in the court case between MTN and the central bank has been set for 30 October.
Moody's expected to release SA credit rating after MTBPS
The agency was expected to release its rating on Friday night but instead opted not to.
Moody's delay SA’s credit rating announcement
The ratings agency was expected to make the announcement on Friday but has not revealed when the next announcement will be
Rand, markets boosted by Mboweni appointment as Finance Minister
The banking index strengthened by about one percent after the announcement with economists saying there was a clear thumbs up from the markets.
Rand surges following Mboweni’s appointment as finance minister
The rand has been under pressure for the past few weeks with ratings agencies Moody's and Fitch citing continued political uncertainty.
President Ramaphosa confirms Tito Mboweni as new Finance Minister
The president has faced mounting calls to axe Nhlanhla Nene after he apologised on Friday for holding a series of meetings with the Guptas at their home and business.
Some economists give stimulus, recovery plan thumbs up
President Cyril Ramaphosa announced the plan on Friday, saying that measures were being taken to reduce the cost of doing business in the country.
Economists cautiously optimistic about Ramaphosa’s recovery plan
The plan includes a revised Mining Charter, changes to visas, a R400 billion infrastructure fund and other measures to boost growth.
Kganyago: Reserve Bank closely monitoring the rand
The volatile rand and possible rising inflation have been highlighted as just two factors that could see the Reserve Bank raise the repo rate in the near future.
Govt facing tough task to dig SA out of recession, say economists
Stats South Africa revealed on Tuesday that GDP figures for the second quarter of the year showed a contraction of 0,7%.
Investors await policy package plan to save Argentine peso
The rand and the other currencies have lost significant ground lately due to a number of factors.
Shivambu to appear in court on speeding charge
Floyd Shivambu was arrested on Sunday morning on the N1 after he was allegedly clocked driving 182 kilometres per hour in a 120 km zone.
Rand drops to its lowest since November
The rand hit around 14.10 to the dollar yesterday.
Ramaphosa to host China's Xi Jinping for bilateral talks
Xi Jinping landed in the country on Monday night ahead of the much-anticipated 10th BRICS summit in Sandton which several heads of state are expected to attend.